Home Sales Down 11% In September
As you can see in the graph above, the number of homes for sale along the gulf coast are creating a U-shape showing that inventory is attempting to return to pre-pandemic levels
The number of home that actually closed in September was 620 which was down 11.4% from last year
Average and Median Home Prices were both up 2-4% from last September showing that we still have demand even in this high rate environment
As we move from the fall to winter, the market generally slows down further before ramping back up mid to late January
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